On Tuesday three former top executives of Dewey & LeBoeuf LLP will finally stand trial on criminal charges they committed fraud before the once-storied law firm’s downfall, a grind of a proceeding that will test the mettle of both sides and likely shape the legacy of Manhattan District Attorney Cyrus R. Vance.
The U.S. Supreme Court ruled Tuesday that bankruptcy courts have the authority to make final decisions on certain legal claims that help liquidate a debtor or adjudicate a bankruptcy proceeding, a decision that affirms the jurisdictional authority of bankruptcy courts.
The U.S. Supreme Court on Tuesday ruled that a wartime pause on the expiration of government fraud claims does not apply to civil fraud cases, overturning a decision reviving a KBR Inc. whistleblower’s False Claims Act suit regarding an Iraq War contract.
The U.S. Supreme Court ruled Tuesday that a good faith belief that a patent is invalid is not a defense to induced infringement, saying that the Federal Circuit erred when it created the defense and vacated a $74 million verdict against Cisco Systems Inc.
Charter Communications Inc. reached a deal Tuesday to buy Time Warner Cable Inc. in a $55 billion transaction that will consolidate the second- and third-largest U.S. cable television providers.
Suntory Beverage & Food Ltd. has struck a tentative ¥150 billion ($1.2 billion) deal to pick up Japan Tobacco Inc.’s soft drink business as the seller looks to get out of the beverage production business by the fall, according to a Monday statement.
Federal authorities have reportedly identified criminal wrongdoing in their investigation of General Motors Co. over faulty ignition switches linked to more than 100 deaths and are working out details of what could be a record settlement.